AXenS is the most forward thinking B2B platform for Distributed Supply Chain Finance (DSCF) and Distributed Trade Services (DTS). It provides innovative, flexible and accessible trade finance as well as a look-through, secure supply chain management process.
We enable the automation of global trade transactions, we manage large numbers of business partners and documents, and we ensure that businesses always comply with constantly changing international legal regulations.
AXenS runs on an enterprise-grade Blockchain Technology to support global trade activities with the tools needed to participate in the most highly-available and highly-scalable network where logistical and supply chain services, financial and insurance services, government agencies and customs authorities can inter-operate and collaborate in the most secure way. AXenS alleviates costly delays and financial risks involved with imports and exports, thus enabling businesses of all sizes to react quickly to business opportunities.
AXenS is a venture established by a consortium of Global Commodities Trading Enterprises led by Swaye Capital Management. The aim is to both leverage the advantages of new transformational technology while increasing the critical mass, safety and frequency of trade activity. It has been possible through a joint venture with Xnotes, an award winning Blockchain technology firm and other world class developers.
Technical Development of the Platform for 2018"
Lender-side Portal + Borrower-side Portal
Permissioned Data / Document repository Setup (trusted distributed storage + proof-of-existence over Xnotes
Identity Management + KYC
Progressive implementation of the required Supply Chain Digitization processes
Loan Self-Executable Agreement / Smart Contract development (Xnotes-based)
Configuration of SAP Global Trade Services to support AXenS Trade Service
Development of market-making capabilities (for opportunity portal, loan syndication and secondary market)
Developer API to allow third-party apps to interact with AXenS network
SAP-certified backend configuration to comply with financial and logistic regulations
Business Development for AXenS for 2018:
Ongoing listing of AXS tokens in the largest exchanges
Ongoing onboarding of lenders, borrowers and other services providers
Onboarding of the different service providers continues
Rollout of the new functions (e.g. crowd funding) and trade services
Building of custodial and other banking relationships with financial institutions
Move into areas other than SMEs - this would already have been done opportunistically
Securitization of Loans to be sold to third parties freeing up liquidity
Over time, parley AXS into the main medium to tokenize global trade credit, and have it accepted by all parties.